Detached Homes for Sale in London
Over $1.5M
Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in London this band: $1.57M · 35 active · avg 23 days on market.
35 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Detached Homes in London Over $1.5M
35 active · median $1.57M
Median List Price
$1.57M
Active Listings
35
Avg Days on Market
23 days
YoY Change
-5.0%
6-Month Median Price Trend
Dec
$1.55M
Jan
$1.55M
Feb
$1.59M
Mar
$1.60M
Apr
$1.51M
May
$1.62M
What is the average detached price in London in 2026?
The benchmark price for a detached in London in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 35 active listings, moving in an average of 23 days on market. Prices are down 5.0% year-over-year.
Is London a buyer's or seller's market right now?
London is currently a balanced market for detacheds in this band. Inventory is turning over in 23 days with prices down 5.0% year-over-year. Neither side has decisive leverage right now.
Families helped in London
24+
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What $1.57M gets you in London.
Detacheds in London priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $624K for the london st thomas area. Within this band the median list comes in near $1575K — down 5.0% year-over-year. Active inventory is moving in roughly 23 days.
Typical Size
1,800–3,500 sqft
Bedroom Range
3–5 bedrooms
Ownership Style
freehold
Sample comparables in this band.
$1.47M
$1.53M
$1.67M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these detached homes are clustered in London.
Keep exploring London.
Other price ranges
Other property types
London Detached FAQ
What is the median price for detached homes in London over $1.5m?
As of 2026-05-01, the median list price for detached homes in London priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many detached homes are currently for sale in London in this price range?
There are roughly 35 active detached homes for sale in London priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.
How long do detached homes stay on the market in London?
Detached Homes in London priced over $1.5m are averaging 23 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are London detached prices going up or down?
Year-over-year median detached prices in London (this band) are down 5.0%. Six-month trend data is available on this page.
What mortgage do I need to buy a detached at this price in London?
On a $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 35 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed London advisor within 1 business hour.
Detached Homes in London Over $1.5M
Median $1.57M · 35 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.